Business deals

Osaka Gas, Toho Gas and Itochu to have combined 33.3% stake in $1 billion e-methane initiative

20251201 Natural gas

Japan is leading the push to replace some of the city gas supply with lower-carbon gasses by fiscal 2030.  © Reuters

SHOTARO TANI

December 2, 2025 09:02 JST

TOKYO — Japanese companies have taken major stakes in a U.S. project that aims to produce gas from hydrogen and carbon dioxide, as they look to secure supplies of low-carbon fuels compatible with Japan’s energy transition targets.